NEW YORK, Feb. 11, 2013 /PRNewswire/ -- InternetArray, Inc., (OTC Pink: INAR), announced on Jan. 31 it has entered into a joint venture/collaboration arrangement with Health Sciences Group to develop Social Media/Mobile Apps for the Medical Marijuana industry. These new specialized apps will enable prescribed patients much needed information to make a better decision on whether or not cannabis is an appropriate treatment option, and access to local resources. Today, the joint venture management team established a launch date of March 4 to begin development operations in the new development facility in Ho Chi Minh City in Vietnam. The team will oversee the entire projects operation from start to finish, as well as deploying high-level account executives to begin marketing and sales outreach. Concurrently, InternetArray will provide marketing, finance, accounting and administrative support.
Management believes mobile apps developers from Vietnam and China have been playing a dominant role in designing and developing some of the world's finest mobile applications. With many social media sites coming out on a regular basis, mobile apps programming will lend itself as a must-have and complementary tool to attract its visitors and retain logins and memberships.
"We are very pleased to move forward with InternetArray in this highly sought-after market segment of medical marijuana. Our development team is very excited about our new, unique technology for the Social Media Networking market in the medical marijuana space. We're moving ahead as planned in order to be competitive with other healthcare-related major social media networks. Our association with InternetArray along with positive feedback from the investment community will certainly boost our developers' spirits and amplify our launch," comments Nhue "Nick" Le, CEO of Health Sciences Group Inc.
About InternetArray, Inc. (www.internetarray.com)
InternetArray, Inc. provides guidance and investment for innovative, early stage Internet companies. The Company's mission is to identify and develop collaborative business partners into viable and profitable companies.
About Health Sciences Group, Inc. (www.HESciencesgroup.com)
Health Sciences Group, Inc. is an investment technology portfolio company that acquires nascent health sciences technology and related innovations, inventions and IP assets to enhance their growth and development. The company builds revenues and asset value through a model of continuous growth, income from or sale of its portfolio holdings, and technology licensing or distribution agreements.
This press release may contain certain statements that are not descriptions of historical information, but are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Exchange Act of 1934. These forward-looking statements refer to matters that involve risks and uncertainties. Such statements reflect management's current views and are based on certain assumptions. Actual results could differ materially from the assumptions currently anticipated.
SOURCE InternetArray, Inc.